HB1031: Capital City Water/Sewer Projects Fund; create and require DFA to develop plan for improvements projects.

Legislative Summary

An Act To Create The Capital City Water/sewer Projects Fund As A Special Fund In The State Treasury To Be Administered By The Department Of Finance And Administration For The Purpose Of Providing Funds To Assist The City Of Jackson, Mississippi, In Paying Costs Associated With Construction, Reconstruction, Repairs, Upgrades And Improvements To The City Of Jackson's Water And Sewer Systems And Related Facilities; To Provide That If The City Of Jackson Desires Assistance Under This Act, The City Must Establish A Plan For The Project Or Projects For Which It Desires Assistance And Submit The Plan And An Application For Assistance To The Department Of Finance And Administration; To Provide That If The Department Of Finance And Administration Provides Assistance To The City Of Jackson Under This Act, The City Shall Provide Quarterly Reports To The Department Of Finance And Administration Describing The Receipt And Expenditure Of Such Assistance, The Status Of The Project Or Projects And Any Other Information Required By The Department; And For Related Purposes.